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<br /> ��,�`�� �-�;k payme�tta may rto langer be rcyuired,iU thc aption a�L.cndcr. if nmrtguge fn,ar.�nre caverugc t�n 1Yi�a�naunt und for thc period
<br /> � . �r that l.cnder requires)provided by nn inburer nppruvcd by Lendcr aguin becumes availnblo nnt9 Iti obtnined. 8orrowcr�;hall pay
<br />.,�... .,,,:�,; the prcml�+ms teyuiecd to mnintnin m�mgiiBc insur��►nce in�ficct,nr ta pruvidc i►loss rc�c�e,untll the rc�uirement fat niaRgage _
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<br /> ' inwuram�eada in uc�corcfanre wUh uny�vritten a�recmcnt hetweFn 8orro�`ror and Lender or nrpi imbla luw.
<br /> ' �� �. 9, le�pectlon.Lrndcr ar itF uQent muy mukc rcusanablc cntdeh u�,r�n i►nd inspatlons of thfl Nn�perty. I.ender shutl give -
<br /> �nrr�nver nnUcc at Ihe time�if ar prIar to un in�pcctian e+geciFyin�reu;nnuble cuusc fnr thra inspYati�ui,
<br /> �;,,,,. �., t0. CondcmnaUan. '1'hc pracceds of uny mvan! or cluim Yor damn�ex. dircct ar cans��{nmitiul, in canncction with uny
<br /> - rnndesnncuinn ur aiher tnkM�of any psin of the Prapeny,ar for ennvoyance in licu of aandc+�nn�lian, uro hereby assigned and
<br /> . .. -• sh�dl bc puld to Lcndcr.
<br /> P�tir� .
<br />:-.;�.�m In�he event af n tntat tuking of the Prapetty,thc procoedR sl�ull toa applied to tho sums so.ura�by tl�is Secudty Instcument,
<br />--� whether ar nut then due, with any excess paid to Borrnwor. in sha�vent of u purtial tu�cinp af thn Prc�perty in which the f�i�
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<br /> _ __�� markct vulue of ihe Praperty immediutely before the Whina is equnl ¢o or greater then tha um�xmt nf thc sums socured by t is
<br /> Security Instrument immedintely befarc the tnlcing.unless Bonuwor nnd l.ender athenvi��e A�rc�in wdting,the sums secured by
<br />,�:d�..-;�,. +� thia Securiry [nstnameatt sh�ll be reduced by the nmaunt af thu procceds multipiic�d by tha fnlltnving frnctton: (a) the total
<br />-------- umount af the aums secured immedintely before the tciking,divided by(b)the fair martcet v�lua at'the Properry immediutely
<br /> �_��� bsfore the tuking. Any balnnce sheJl be patd to Borrower. In tha event of u partful u►4:ing of ittfl Propecty in whtch the fn�r
<br /> __,p:-� market vutue of the Property immediately hefore the inklnQ i�tess thun the nmaunt of tha�ums s�ued immediatety before the
<br /> -��;,� taking, unless Borrower nnd L�nder otherwise agree in writinII�r unless applicabla la►v oth�wri�c provides.the pmc�cis shall
<br />__°."°� be uppJ;ed to the swns secured by this Stxueity instmment whathsr or nat ehe sums are then dua.
<br /> --- If the Pcoperty is nbartdoned by Borrower.or if.uft:r notfce by Lertder to Bormwer thnR tha cartdemnor offers to mnke un
<br />-- --- uaard or sattle u claim for damn�es, Burmwer fuils to mapond to Len�cr wlthin 30 days afltm tha date the norice is�iven.
<br /> --�— L�nder is authodzed to collcxt and upply the proceeda.at its opttan,either to ccscorntion or r�cir vf�he Pn�petty ut io the sums
<br /> secv�+ed by this Security Instiument,whether or not thsn duo. .
<br /> =-���.=��� Unless Lcieder and Borrower othenviss t►g[ee in wrltirt�. uny z3e�u�lration of prc�ozadE�ta �pdrtcipul shsill nat eutend or
<br /> ��� postpane the due date of the monthly paymenta referrod to tn pnragrnghs 1 and 2 or chango thra amuunt of such payments.
<br /> -__---- 11.Bor�+ower Not Rel�,re�Forbet�aoe By i.c�tder NaE n Wnfvsr.Eatens�on of tha dmti for payment or modtficatioa
<br /> �a'�� of amortiTntion of the sums s�.cqrred by this Secudty I�ssrutnent granted by Lender to any auo��s���r in intcr�est of Bonower shall
<br /> not opemte to celeasc the liability of the or�ginal Borrower oa Borro�ver's successora in intarest.l..endor shall not bc requirad to
<br /> --- wmmettce procea�ings u�uinst any su�oessar in interest ot r�efuse to extcnd timo for paym�nt or natie�vise modify amorti�ation
<br /> -- of the sums sECVnaed by this Security Ins4cument by mason of any defnund mrrda b�� tha od�inul Borrower or �orrower's
<br /> — sucoessors tn int2rest. My fo�uance by Lender in execciainB any dght or remesiy stnnll nat be n waiver of or preelude the
<br /> exercise of tu►y dght or rem�dy.
<br /> 12. Suocessore and Asslgns BounA..toiat an��verni ti.iau�iy;�o-signeun. 7"�, :�ti�aarns an3�nt�af sl�.ts
<br /> Securlty instiunr�nt shalt bind nnd bene�it the sucaessars und ussi�ns of Leader and BuRCntivrc, subject w the provistons�+f
<br /> pa�aSraph 17. �c�rrower•6 wvenants end agneet�c+nts st►all bo joint und severul. Any Anrr.ro�tiuer�vl�o co-signs thia Sucuri¢y
<br /> Instiument 6ut does aot ex�rto the Note: (a)ie co-signirB thirt Securlty Instcument o�ly m mID�tg�ge.grant and convey t�t�
<br /> 8otrower's tnterest in the Prer�,erty ur:der the terms of this Secueiry Instrumem;(bp iq�rut P�r.�qaliy obligated to pay the sums
<br /> secuned by th;a Securtty InstYUnxnt;and(c)ngc�es thnt Lendar and any oiher Horma•er snqy rigra�to eatend.modify.forbear or
<br /> make r�ny IIceomm,odan�ns wtth e�ard to the terrns of thfs Secu�3ty Ir�stntment or the Nata wishoijt�Wat Bonuwer's cansent.
<br /> 13. Loan Cbarges.U the loan sQCUretl by this Secudty[eflswnscnt is subjeet to n IFnv whla�n�ets mmclraum loan chru�ges..
<br /> tutd thnt!aw is finally inteapreted so that d�e Intanest ot other loan chnrges ooU�sctttd or to be oniluctcsd in cormec4ion v�iu1 tl�a
<br /> loan exaeed the�rmitted ilmits.then:(n)m�y sueh t�n churse shaQ be rodua�d by Q�a amount.np.•essary to c�ei�luce 3he ch�raz
<br /> W tho permiued litnir.and(b)unY sums alre�tdY oollected from Borm�ver whtch exoaa��d pemittnd limits will Qr��efuaded to
<br /> Barrower. Lender mny choose to mnke thts retund by reductng the prlrtcipnl owed unddr th� Nuta or by making n dit�i
<br /> puyment to Iiotrower. If u nefund c�educcs prirtci�rnl. tho roduction will be t�+eatad us a pnrtlnt�pt+�paynr�►t wlthout amy
<br /> peepayms%t change wlder the Note.
<br /> 14.�l�Tuticrs.Any.natice to Bosower pruvided for in tPo�s Security L�stniment shnl!bo Qiven.by•deliverinII it or by maillag
<br />: it hry,Hrg'.ciass mnil unless epplicable luw requims ucs of r�other methad.'[7tB notfioc�c?�nll be dinar�nd to tho Property Adde�ss
<br /> � ar any other t�ddress Pdotrower deslgnates by notice to Lender. Any aotice to Lon�er shNl b�i�;lven by fi�st tl� mail tcs
<br /> Lender's addt;�:as atated herein or any other addr�s Lender desig�uites by nodce so IIoecmv�r.l�ss�s fiotfce Qrovided for!n tlds
<br /> Secudty Iastru�ent shuU be deemed to ttuve bcen gtven to Borrower or Lender when given n�pnodadcM!in tt►ts paragraplh.
<br /> 15.Govcming Lnw; �everabUity. Thie Security IrRSwment shail bo govemod by fasiEinztl,latv nnd th� law of�tus
<br /> -'`_---- jrariadFdion in wbid► Uie 1'�uperty is tocatcd. in tke ev�it eftat any provision ar ciau� ai ihie�.�uit�t i��:�a+�a�ss�r sl��Ncic
<br /> oa�JrfHcts with applicable luw.such oontlict stuilt not u�ftxt othor provistons of this Ssc�►riry Tntaum�wt�or•thc Note which cun bo
<br /> ��R '�,roven effect v�ithaut the conflictinII pn�vision.Ta thi�end eho provistons of this Secvrity Insnumant�aud the Nate are declnr�d
<br /> :``:;, 4�tbe severable.
<br /> -- - � 16.Bon»�ser's Copy.Barrower shnit Ms givert une aonfoamad wpy of the Nate an�!of Nis�Serauiq+Instrument.
<br />__ —= Form 8ti28 9t80
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